When you are reading this section when you have to calculate estate duty it is probably too late. Estate duty should be planned well before death. The rate is 20% of the amount determined by the Act as subject to estate duty. There are various exemptions such as everything that goes to a surviving spouse. Whatever remains is subject to a standard exemption of R3.5 million per estate.

Estate duty is levied at a flat rate of 20%.

The following exemptions apply- All property accruing to a surviving spouse (known as the estate duty roll-over) and any claim arising out of the Matrimonial Properties Act.

If you have any questions relating to these exemptions / deductions please contact us on 011 447 8823 Today to speak to a consultant for FREE.